Machi Liquidated Five Times in One Hour, Account Down to About $5,000

Five liquidations inside a single hour, ending with only a few thousand dollars left, is less a market story than an execution and risk-management one: leverage that was apparently stacked so tightly that one adverse move triggered a cascade rather than a single stop-out. The visibility matters too — on-chain trackers turning a well-followed account's collapse into a public spectacle in near real time. Whether this is an isolated case of oversized positioning or part of a broader pattern of forced deleveraging across similar accounts is the open question worth watching.